Energy infrastructure company Jemena has announced the decision of Frank Tudor to step down from his roles of managing director of SGSP (Australia) Assets Pty Ltd and chairman of Zinfra after five years of leadership of the company.
Tudor’s decision to step down was cited as being for family reasons.
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The Board has appointed Jemena’s chief financial officer David Gillespie as acting managing director from September 1, 2023.
Gillespie has had an 18-year career at Jemena and has held a range of roles across finance, strategy, and risk.
“Jemena would like to express its gratitude and appreciation for Frank’s dedication during his tenure as Jemena’s managing director,” the company said in a statement.
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Jemena is an $12.4 billion company that owns and manages some of Australia’s most significant gas and electricity assets.
Jemena also part-owns the ActewAGL electricity and gas distribution networks in the ACT and United Energy, which supplies electricity to more than 600,000 customers across south-eastern Melbourne and the Mornington Peninsula.
